This topic contains a solution. Click here to go to the answer

Author Question: The CPI (using a 2000 base year) for 1965 is 26.0 . Suppose a household's annual take-home pay in ... (Read 73 times)

littleanan

  • Hero Member
  • *****
  • Posts: 575
The CPI (using a 2000 base year) for 1965 is 26.0 . Suppose a household's annual take-home pay in 1965 was 8,320 . What would be an equivalent home pay in 2000?
 a. 10,483.
  b. 21,632.
  c. 23,680.
  d. 32,000.

Question 2

A 10 million increase in government spending has the same economic impact as a 10 million tax cut.
 a. True
  b. False
  Indicate whether the statement is true or false



Related Topics

Need homework help now?

Ask unlimited questions for free

Ask a Question
Marked as best answer by a Subject Expert

bblaney

  • Sr. Member
  • ****
  • Posts: 323
Answer to Question 1

d

Answer to Question 2

False




littleanan

  • Member
  • Posts: 575
Reply 2 on: Jun 30, 2018
Great answer, keep it coming :)


Missbam101

  • Member
  • Posts: 341
Reply 3 on: Yesterday
Excellent

 

Did you know?

About 80% of major fungal systemic infections are due to Candida albicans. Another form, Candida peritonitis, occurs most often in postoperative patients. A rare disease, Candida meningitis, may follow leukemia, kidney transplant, other immunosuppressed factors, or when suffering from Candida septicemia.

Did you know?

Inotropic therapy does not have a role in the treatment of most heart failure patients. These drugs can make patients feel and function better but usually do not lengthen the predicted length of their lives.

Did you know?

Though newer “smart” infusion pumps are increasingly becoming more sophisticated, they cannot prevent all programming and administration errors. Health care professionals that use smart infusion pumps must still practice the rights of medication administration and have other professionals double-check all high-risk infusions.

Did you know?

Bacteria have flourished on the earth for over three billion years. They were the first life forms on the planet.

Did you know?

Cytomegalovirus affects nearly the same amount of newborns every year as Down syndrome.

For a complete list of videos, visit our video library